The Central Bank of Nigeria has announced a downward review of charges for electronic banking transactions in its revised guidelines to charges by Banks, other Financial Institutions and Non-Bank Financial Institutions.
Punch reports that this was confirmed in a circular released on Friday by the apex bank’s Director, Financial Policy and Regulation Department, Chibuzor Efobi, titled, “RE: GUIDE TO CHARGES BY BANKS, OTHER FINANCIAL AND NON-BANK FINANCIAL INSTITUTIONS.”


The circular stated that the review was in response to “further evolution in the financial industry in the last few years.”

 

You may also like

Read Next

Trending Now